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Josh Farley: "Money, Money, Money"
The Great Simplification with Nate Hagens
The State Bank of North Dakota
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Right now we are allowing the private sector to loan money into existence in the pursuit of profit. The problems we face aren't likely to be solved by the profit motive, he says. If i was a politician, i would say, it's time for the state to reclaim the right to issue money, which we gave up to the private sector. And then we can dedicate new money towards actual social good, kind of like the state bank of north dakota - they used their bank to meet the needs of the state.
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